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New Castle, IN NNN Properties for Sale

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Absolute NNN Convenience Store Property
Updated: Aug 28
Absolute NNN Convenience Store Property

1816 S Memorial Drive, New Castle, IN 47362

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2,335 sqft 0.52 AC lot
2,335‑square‑foot convenience store built in 1999
New 15‑year absolute NNN lease with 14+ years remaining
10% rental escalation scheduled for 1/1/36
Approximately 0.52‑acre parcel with C zoning
Drive‑by access and visibility on Parkview Dr and S Memorial Dr
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Castle, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Wawa NNN Property
Wawa NNN Property

4801 E. Jackson Street, Muncie, IN 47303

$4,175,000
5,919 sqft

Corporate-backed occupancy, scheduled rent growth, and extended renewal rights support a hands-off ownership structure.

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NNN Family Dollar Property
NNN Family Dollar Property

1900 North Walnut Street, Muncie, IN 47303

Contact for pricing
48,304 sqft

Family Dollar occupies the property under a new five-year lease with extension options.

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NNN Retail Property
NNN Retail Property

9775 Fall Creek Rd, Indianapolis, IN 46256

Contact for pricing
2,713 sqft

Single retail asset at 9775 Fall Creek Road with a triple-net lease and 3% annual escalation.

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Single-Tenant NNN Retail Property
Single-Tenant NNN Retail Property

11524 E WASHINGTON ST, Indianapolis, IN 46229

Contact for pricing

Single-tenant retail asset leased to Dollar Tree through January 2031.

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New Castle, IN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in New Castle, IN on our real estate platform. These investment opportunities span a total of 2,335 square feet of properties for sale.

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Demographics Overview

Population 29K
Population Growth (5Y) -1.9%
Median Household Income $56,564
College Educated 20.0%

Taxes & Financing

Tax Rate (average for all types) 2.25%
Property Tax per SF $49.50 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Henry County

New Delisted

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